How does the drop shipping arrangement work

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FInd out how does the drop shipping arrangement works from this presentation.

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HOW DOES THE DROP SHIPPING ARRANGEMENT WORK?:

HOW DOES THE DROP SHIPPING ARRANGEMENT WORK?

Slide2:

“According to the Journal of the Operational Research Society that conducted drop shipping statistics, the average profit of a manufacturer who is drop shipping is 18.33% higher than a manufacturer who uses traditional channels”. FACTS FROM RESEARCH

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Let’s get down to the basics! What is Drop shipping? Drop shipping is a specialized version of eCommerce business which allow businesses to grow without a worrying about the unsold stock. How?

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Understand the drop shipping business flow!

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The customer places an order on your online store STEP #1

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You buy the product from a supplier on a wholesale rate. STEP #2

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Your drop shipper collects the product from the supplier. STEP #3

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The drop shipper packs and sends the product directly to the customer with your name. STEP #4

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